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Magnify Payments Salary

Magnify Payments Salary

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As of September 2026, the average annual salary for employees at Magnify Payments in the United States is $88,308. This translates to an approximate hourly wage of $42. Salaries at Magnify Payments typically range from $77,450 to $100,063 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Magnify Payments Pay for Different Roles?

Explore detailed salary information for specific jobs at Magnify Payments. Based on our data, the highest paying job is the President, with an annual salary of $683,580. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Magnify Payments’s Pay Competitive? Salary Benchmarking Analysis

How does Magnify Payments's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Legacy Financial Services $82,654
-6.4%
Legacy Financial Services focuses strategically on recruiting and training entry-level apprentices.
SpringTide Partners LLC $95,449
+8.1%
Data suggests SpringTide Partners LLC's workforce skews heavily towards veteran, high-tenure roles.
Pacific Funds $93,930
+6.4%
Influenced by prevailing union wage agreements specific to Pacific Funds's sector.
REI Success Academy LLC $83,804
-5.1%
Normalized for lower cost-of-living zones where REI Success Academy LLC primarily operates.
Financial Services Industry $121,514
+37.6%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How Magnify Payments's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Magnify Payments. Click a company name to learn more.

Employee Reviews: Working at Magnify Payments

Considering a career at Magnify Payments? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Travel policies are employee-friendly. I’ve worked at multiple financial firms, and this one stands out for employee engagement. Policies are clear but sometimes overly bureaucratic, hindering swift decision-making. Teams operate with mutual respect, and innovation is encouraged. You’ll know what’s expected each day.
Commented in April 28, 2025
25
1
It’s a solid place for those valuing routine over fast-paced or innovative work environments. Training is provided but sometimes lacks relevance or follow-through. Leadership is professional but cautious, preferring to maintain the status quo. Workload is manageable and performance expectations are clear. Supportive work culture and tools. Stable company with strong financial performance and futur...
Commented in January 06, 2025
25
3
Peer relationships are collegial and supportive. Upper management is professional it is visible. This standing benefits everyone in the organization.
Commented in January 30, 2024
34
3

Magnify Payments Overview

Website
www.magnifypayments.com
Founded In
2015
Employees
<25 employees
Industry
Financial Services
Headquarter Address
125 Enterprise Dr Pittsburgh Pennsylvania PA 15275
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About Magnify Payments
Magnify Payments has distinguished itself in the payments industry by connecting best-in-class Solutions with uncompromising Honesty, Integrity, Reliability and Accessibility. These values are the cornerstones of our company. We process all forms of electronic transactions-credit, debit, electronic check, electronic funds transfer and alternative payments We offer consumer financing services for a

What Benefits Does Magnify Payments Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magnify Payments offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Pittsburgh?

Understanding the cost of living near Pittsburgh is key to truly evaluating a salary offer or your current compensation at Magnify Payments.
Pittsburgh's Cost of Living Index is approximately 87.5 (12.5% less expensive than US average; 9.9% less than PA average). 'Steel City' revitalization, tech/medical hub, affordable housing. Port Authority bus/light rail. When planning your budget based on a salary from Magnify Payments, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of Magnify Payments salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $97.50 (Port Authority monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,457 - $3,747+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magnify Payments

1. What is the estimated average total compensation at Magnify Payments?

Salary.com estimates that the average total compensation package at Magnify Payments, which can include base salary, potential bonuses, and benefits, is around $88,308 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Magnify Payments pay compared to Legacy Financial Services?

The average annual salary at Magnify Payments is $88,308, or an hourly wage of $42, in comparison to Legacy Financial Services which pays $82,654 per year or $40 per hour.

3. Do salaries differ significantly between departments at Magnify Payments?

Yes, salaries often differ between departments at Magnify Payments due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. What's the typical salary progression for an employee moving from an entry-level to a senior role at Magnify Payments?

Salary progression from an entry-level to a senior role at Magnify Payments can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Magnify Payments in Pittsburgh is fair given the local cost of living?

To determine if a salary offer from Magnify Payments in Pittsburgh is fair, first compare the gross salary to our data for similar roles at Magnify Payments and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Pittsburgh" to understand its purchasing power.

6. Are promotions at Magnify Payments usually accompanied by a significant salary increase?

Yes, promotions at Magnify Payments are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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